Results of Annual General Meeting 19 May 2022

RNS Number : 1617M
Network International Holdings PLC
19 May 2022
 

Network International Holdings Plc

Results of Annual General Meeting 19 May 2022

 

Network International Holdings Plc (LSE: NETW) (the "Company"), the leading enabler of digital commerce across the Middle East and Africa (MEA), announces that its Annual General Meeting held at 12:00pm on Thursday, 19 May 2022 was successfully concluded. All Resolutions were duly passed by way of a poll.

 

THE COMPANIES ACT 2006

NETWORK INTERNATIONAL HOLDINGS PLC

(A company limited by shares incorporated under the laws of England and Wales)

 

RESOLUTIONS PASSED AT THE ANNUAL GENERAL MEETING OF NETWORK INTERNATIONAL HOLDINGS PLC (THE "COMPANY") HELD IN PHYSICAL AND ELECTRONIC MODE AT THE LINCOLN CENTRE, 18 LINCOLN'S INN FIELDS, LONDON, WC2A 3ED, UNITED KINGDOM AT 12:00PM ON THURSDAY, 19 MAY 2022

 

Resolutions 1 to 16 (inclusive) were proposed and passed as ORDINARY RESOLUTIONS and Resolutions 17 to 20 (inclusive) were proposed and passed as SPECIAL RESOLUTIONS on a poll, and received the following votes:

 


Resolutions passed

Votes

"For"

Votes "For" %

Votes "Against"

Votes "Against" %

Votes

 Total

% of Issued Share Capital Voted

Votes "Withheld"

 

ORDINARY RESOLUTIONS:

1

To receive the annual report and accounts of the Company for the year ended 31 December 2021.

493,569,640

100.00

0

0.00

493,569,640

87.96%

327,013

 

2

To approve the directors' remuneration report for the financial year ended 31 December 2021 .

482,371,017

98.22

8,751,958

1.78

491,122,975

87.53%

2,773,678

 

3

To re-elect Mr. Rohinton Kalifa, OBE as a director of the Company.

427,372,882

92.73

33,482,951

7.27

460,855,833

82.13%

33,040,820

 

4

To re-elect Nandan Mer as a director.

 

493,759,581

99.97

137,072

0.03

493,896,653

88.02%

0

 

5

To re-elect Darren Pope as a director.

457,768,275

99.33

3,087,558

0.67

460,855,833

82.13%

33,040,820

 

6

To re-elect Anil Dua as a director.

 

493,759,581

99.97

137,072

0.03

493,896,653

88.02%

0

 

7

To re-elect Victoria Hull as a director.

433,928,119

94.16

26,927,714

5.84

460,855,833

82.13%

33,040,820

 

8

To elect Rohit Malhotra as a director.

493,257,771

99.87

638,882

0.13

493,896,653

88.02%

0

 

9

To re-elect Habib Al Mulla as a director.

457,768,275

99.33

3,087,558

0.67

460,855,833

82.13%

33,040,820

 

10

To re-elect Diane Radley as a director.

412,728,404

83.57

81,168,249

16.43

493,896,653

88.02%

0

 

11

To re-elect Monique Shivanandan as a director.

493,733,312

99.97

163,341

0.03

493,896,653

88.02%

0

 

12

To re-elect Suryanarayan Subramanian as a director.

493,759,581

99.97

137,072

0.03

493,896,653

88.02%

0

 

13

To re-appoint KPMG LLP as auditors until the conclusion of the next annual general meeting at which

the accounts are laid.

493,896,653

100.00

0

0.00

493,896,653

88.02%

0

 

14

To authorise the audit committee for and on behalf of the board to determine the remuneration of the auditors.

493,891,198

100.00

5,455

0.00

493,896,653

88.02%

0

 

15

To grant authority to make political donations.

491,012,994

99.47

2,594,659

0.53

493,607,653

87.97%

289,000

 

16

To grant Authority to allot shares.

 

490,723,768

99.36

3,172,885

0.64

493,896,653

88.02%

0

 

SPECIAL RESOLUTIONS:

17

To grant general authority to dis-apply pre-emption rights.

493,884,458

100.00

12,195

0.00

493,896,653

88.02%

0

 

18

To grant additional authority to dis-apply pre-emption rights

492,813,023

99.78

1,083,630

0.22

493,896,653

88.02%

0

 

19

To authorise market purchase of own shares

493,848,210

99.99

30,845

0.01

493,879,055

88.02%

17,598

 

20

To authorise that a general meeting (other than an annual general meeting) may be called on not less than 14 clear days' notice.

456,868,910

92.50

37,027,743

7.50

493,896,653

88.02%

0

 

 

Notes:

1.            Details of the resolutions are set out in the Notice of Annual General Meeting dated 12 April 2022 (which is available on the Company's website at https://investors.networkinternational.ae/).

2.            Resolutions 1 to 16 were ordinary resolutions, requiring more than 50% of shareholders' votes to be cast in favour of the resolutions. Resolutions 17 to 20 were special resolutions, requiring at least 75% of shareholders' votes to be cast in favour of the resolutions.

3.            There were 561,101,690 ordinary shares in issue all of which had the right to vote. None of the ordinary shares were held in treasury.

4.   A vote withheld is not a vote in law and is not counted in the calculation of the votes for or against a resolution.

5.         In accordance with Listing Rules 9.6.2R and 9.6.3R, copies of the resolutions numbered 17, 18, 19 and 20 will be submitted to the National Storage Mechanism as soon as practicable and will be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism. A copy of the resolutions may also be obtained from the Notice of Meeting which is available on the Company's website at https://investors.networkinternational.ae/ .

 

Jaishree Razzaq

Chief Risk Officer & Group Company Secretary

Network International Holdings Plc

 

 

Investor Relations enquiries


Network International

InvestorRelations@Network.Global

Amie Gramlick, Head of Investor Relations




Media enquiries


Teneo

NetworkInternational@Teneo.com

Ben Foster, Andy Parnis


 

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